Explore the exit fees or penalties of moving from your current provider. This can include the deferred establishment fees (DEF). However, if you refinance with the same lender you are currently with, the DEF will usually be disregarded.
A credit score is a score that gives you and lenders an indication of your current credit health. Lenders typically use the score to guide the approval process. It is useful to know your credit score as it will provide an indication of your accessibility to credit.
Do you want a better rate or more flexibility? Know what the main driver is and how refinancing will achieve this. A finance broker will assess your objectives and financial goals through refinancing.
For more information see our Home Loan Refinancing Guide
Our customers save $1987.00 per year on their homeloans